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Nairaland Forum / Nairaland / General / Business / Who Are Those Behind Dangote Group ? (photos) (63876 Views)
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Re: Who Are Those Behind Dangote Group ? (photos) by GoodCane: 3:47pm On May 25, 2023 |
Astra101: If you think dangote owes the refinery, then you seriously need to think again. Dude, that refinery was only built in his name because the man is already famous nothing else. |
Re: Who Are Those Behind Dangote Group ? (photos) by seguno2: 3:47pm On May 25, 2023 |
Bestmanfornow: Cherie Blair is Tony Blair’s wife, innit |
Re: Who Are Those Behind Dangote Group ? (photos) by prophetfire: 3:48pm On May 25, 2023 |
Astra101:Banks financed. That's they gave loans for the construction. They will be paid back. 2 Likes 1 Share |
Re: Who Are Those Behind Dangote Group ? (photos) by od4life(m): 3:48pm On May 25, 2023 |
BRIMBRAM:Oga Dangote is not a Fulani man. He's a pure Hausa man. |
Re: Who Are Those Behind Dangote Group ? (photos) by seguno2: 3:50pm On May 25, 2023 |
Revolution2022: Looting like Abacha stopped him. Unfortunately, Tinubu will be worse. socialmediaman: |
Re: Who Are Those Behind Dangote Group ? (photos) by BRIMBRAM: 3:51pm On May 25, 2023 |
od4life: As long as he is not Igbo. 4 Likes |
Re: Who Are Those Behind Dangote Group ? (photos) by georgeakins: 3:53pm On May 25, 2023 |
Ogene001: Yorubas don't care about who owns Dangote or not. It is Ibos that are bitter and envious of Dangote. What is important to an average Yoruba is that Dangote group is growing and adding alot of values to our economy in the South West 6 Likes |
Re: Who Are Those Behind Dangote Group ? (photos) by Lukuluku69(m): 3:59pm On May 25, 2023 |
lexy2014: They can be sacked or replaced. They are employees basically. It is the Executive Directors that are the Big Deal. They represent those with Equity on the Management Board. For instance, a Dangote son or daughter can be an Executive Member depending on his/her Equity holdings. You can't sack him literarily unless he or she divest. It is no so for Non-Exceutives. |
Re: Who Are Those Behind Dangote Group ? (photos) by advanceDNA: 4:00pm On May 25, 2023 |
Astra101: Banks gave syndicate loans just to get profit not for equity ...... How many %age do u now want Dangote group, the bearer of all risk to hold....NNPC has no risk in this...if Nigeria oil reserve dries up ...its OYO for dangote....NNPC shouldnt even get up to 15% seff... but na we we transaction 1 Like |
Re: Who Are Those Behind Dangote Group ? (photos) by ednut1(m): 4:01pm On May 25, 2023 |
Who is the major shareholder of dangote group Dangote himself. Make una rest 1 Like |
Re: Who Are Those Behind Dangote Group ? (photos) by Charlico2(m): 4:03pm On May 25, 2023 |
Revolution2022: The Nigerian overall GDP is just 5% of the$10 Trillion you just mentioned used for subsidy. Pls. check your figure |
Re: Who Are Those Behind Dangote Group ? (photos) by alizma: 4:03pm On May 25, 2023 |
Astra101:Loan not shares 1 Like |
Re: Who Are Those Behind Dangote Group ? (photos) by Truthshscrazy: 4:03pm On May 25, 2023 |
Cool |
Re: Who Are Those Behind Dangote Group ? (photos) by patorial(m): 4:04pm On May 25, 2023 |
Gamesmart: Do you know that non-executives are board members? Now what brings one into the board? Shares. |
Re: Who Are Those Behind Dangote Group ? (photos) by steeltrust: 4:04pm On May 25, 2023 |
Mustack:I thought I was the only one seeing it oh That company is literally in all economic sectors of the world May God help dangote on this one |
Re: Who Are Those Behind Dangote Group ? (photos) by lexy2014: 4:08pm On May 25, 2023 |
Lukuluku69: This one just confidently carry everything upside down. It is executive directors that are employees and not non-executive directors. That's why in the report and in some cases non executive directors are referred to as "independent" non-executive directors. They are non-executive because they execute nothing only represent their interests or that of some interest on the board. EDs are involved in d the day to day running of the business, head several strategic segments of a business & report directly to d MD daily. They assist the MD in formulating and executing policy& driving the strategic objectives of the biz as set by the board. They are professionals who rise thru d ranks or are poached from other companies. Depending on the structure of the company, EDs could sometimes be members of the board along with the non-executive directors. You can have a board without EDs but you can't have a board without non-executive directors 2 Likes |
Re: Who Are Those Behind Dangote Group ? (photos) by patorial(m): 4:11pm On May 25, 2023 |
Postinor: Dangote Group is registered as Public business, so it's no longer owned by the Aliko Dangote. But he's still part of Dangote Group LTD as long as he still keep his take of the Company. 3 Likes |
Re: Who Are Those Behind Dangote Group ? (photos) by oyoofong(m): 4:12pm On May 25, 2023 |
Dangote Group is a group of companies while Aliko Dangote is an INDIVIDUAL. This has to be separated for legal reason and business sense. Make we also learn from this. 1 Like |
Re: Who Are Those Behind Dangote Group ? (photos) by blueAgent(m): 4:14pm On May 25, 2023 |
Astra101: Stop spreading lies. 10trillion naria not dollars. Nigeria GDP is not even up to a trillion $ 1 Like |
Re: Who Are Those Behind Dangote Group ? (photos) by Lukuluku69(m): 4:16pm On May 25, 2023 |
lexy2014: Noted. 1 Like |
Re: Who Are Those Behind Dangote Group ? (photos) by SeunDAssLicker: 4:21pm On May 25, 2023 |
Mustack: They’re sleek baaaaastards but this is not the US where you can make bank from share prices. The company needs to actually be doing well for any of their backdoor takeover, else they’ll be wasting their money trying to control a Nigeria corporation. |
Re: Who Are Those Behind Dangote Group ? (photos) by Postinor: 4:22pm On May 25, 2023 |
patorial:ohk thanks for the enlightenment |
Re: Who Are Those Behind Dangote Group ? (photos) by Deegash(m): 4:24pm On May 25, 2023 |
you dont know what you are saying, the person with the majority shares in a company, rules the company,thats how it works. |
Re: Who Are Those Behind Dangote Group ? (photos) by egoldman(m): 4:33pm On May 25, 2023 |
Astra101: Good observation. |
Re: Who Are Those Behind Dangote Group ? (photos) by iLoveYouToo(m): 4:33pm On May 25, 2023 |
TundeBricklayer: Which guys? Stop misinforming the public. Who are the guys that make up Dangote group? Are you aware that some companies under the group are listed on the stock market? |
Re: Who Are Those Behind Dangote Group ? (photos) by iLoveYouToo(m): 4:37pm On May 25, 2023 |
Ogene001: It’s hard for some of you to think. Where did they claim to own the group to the exclusion of others? Average Igbos (mainly the poor and struggling) always pick fights with other tribes foolishly while the rich and elite enjoy and keep building bridges with other tribes |
Re: Who Are Those Behind Dangote Group ? (photos) by NamelessOGBENI(m): 4:48pm On May 25, 2023 |
Karlifate:The kind of life I want to live. |
Re: Who Are Those Behind Dangote Group ? (photos) by Tompson88: 4:48pm On May 25, 2023 |
Is Dangote not still the majority share owner in dangote group, please educate us? Ogene001: 1 Like |
Re: Who Are Those Behind Dangote Group ? (photos) by BigIyanga: 4:53pm On May 25, 2023 |
Astra101:Banks finance projects without taking equity.. they only put a lien on a property they’re financing… which gives them the 1st right of refusal in liquidation and bankruptcy proceedings. Banks make their $$ from interest rates, loan origination and brokerage fees etc 2 Likes |
Re: Who Are Those Behind Dangote Group ? (photos) by membranus: 4:54pm On May 25, 2023 |
OloyeVIII: Check well, e dey dere. |
Re: Who Are Those Behind Dangote Group ? (photos) by MeineMutter: 5:02pm On May 25, 2023 |
TundeBricklayer: Don’t mislead readers. Debenture holders don’t control companies. Ok? They are just money lenders. They have no stake at all in the company. As Dangote pays back the debts, the lenders’ grip on any collateral that Dangote could have used to secure such loan reduces. Look at the pie chart you depicted. It showing contrary percentage as to the 1% you wrote in your article. What The Guardian Newspaoer put there was just a highlight of the deal. Common. 1 Like |
Re: Who Are Those Behind Dangote Group ? (photos) by Neoteny7: 5:03pm On May 25, 2023 |
tuborme: 50% of the refinery funding as loan, not as shareholders of the Group. |
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